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General Electric has nominated three new directors to beef up its turnaround team, including the former head of the Financial Accounting Standards Board and the former CFO of AT&T.

The giant conglomerate is in the midst of a restructuring as it attempts to restore investor confidence. GE stock dropped 45% in 2017 and, according to The Wall Street Journal, the decline of the company has prompted “investors and analysts to question the board’s oversight.”

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On Monday, GE announced an overhaul of the board that includes the removal of several long-serving directors and the nominations of three outsiders — Leslie Seidman, a former JPMorgan Vice President and FASB chairman; Thomas Horton, former CEO of American Airlines’ holding company and finance chief of AT&T; and former Danaher CEO Lawrence Culp.

“The new board is unified in its mission to work with [CEO] John Flannery and GE’s senior leadership team to drive the company’s focus on superior performance and to maximize the long-term value of GE’s world-class businesses for our shareowners,” he added.

The three new board candidates all have accounting and finance experience, with Seidman being nicknamed “Loophole Leslie” by opponents for her bank-friendly approach to regulation as FASB head after the 2008 financial crash.

GE has said a restatement of its 2016 and 2017 results due to the new revenue recognition standard would likely lower reported earnings.

Analysts said the nominations to the board — to be cut to 12 directors from a previous 18 and voted on by shareholders in April — would do little to distract from the problems facing GE.